Lot Fourteen, North Terrace
North Terrace, Adelaide, SA, 5000, AU
3,260 m²
On behalf of Renewal SA, JLL is proud to present to market for sale, a landmark corner development site of scale situated at 274-275 North Terrace, Adelaide.
Opportunity at a glance:
• 2,747sqm* site area
• Near island site with triple street frontage (North Terrace, Frome Road, Vaughan Place)
• Potential for uninterrupted views of Adelaide Oval, the Adelaide Hills, Park Lands and Adelaide Botanic Garden.
• Flexible development options of scale (residential, build-to-rent, hotel, student accommodation) with ground floor retail, commercial, and hospitality opportunities
• Premium North Terrace location in Adelaide's East End opposite Lot Fourteen and Adelaide University
274-275 North Terrace represents an extraordinary opportunity for a landmark development that will redefine Adelaide's iconic North Terrace skyline. This rare premium triple-street frontage site offers unmatched potential for uninterrupted views of Adelaide Oval, the Adelaide Hills, Park Lands, and Adelaide Botanic Garden.
Renewal SA has combined two development sites, unlocking a key corner position and adding enormous development potential for scale and flexibility. The site is ideally positioned to cater for substantial existing and future projected demand for a diverse range of accommodation outcomes.
The Renewal SA is undertaking an Expression of Interest (EOI) process to identify a developer with a strong track record in delivering high-quality mid-rise and high-rise developments to purchase the freehold interest in the land and commit to timely commencement of new housing and/or accommodation outcomes in the Adelaide CBD.
Expression of Interest extended until Thursday 30 January 2025 2pm (ACDT)
For further information, please contact the exclusive agents at JLL.